Comment Text:
i0-001
COMMENT
CL-02118
From:
Sent:
To:
Subject:
Lloyd Petersen
Thursday, January 21, 2010 7:15 PM
secretary
Proposed FOREX Leverage change
To Whom it may concern,
As a FOREX trader I am in strong disagreement with the proposed changes in Forex trading Leverage
from 100-1 to 10-1.
This change Makes it impractical for small investors to participate in this market without having to
Inflate a working capital
account 10 fold just to maintain status quo. I have made significant investment in time ,money and
software in order to
participate in this market. This proposed change will make it impossible for me to continue trading as
the potential return per
trade would be reduced to. 10 per PIP!. The Risk/Reward in this market needs to be 100-1 just to make
trading worth while
Thank you for hearing a lone Small,individual Forex investors plee.
Sincerely,
Lloyd Petersen
